Personal Selling and Sales Promotion

The pricing strategy for new product through which revenues are collected from segments willing to pay higher prices is classified as?

A. market skimming pricing
B. market penetration strategy
C. business line pricing
D. product line pricing

A. segmented pricing
B. psychological pricing
C. promotional pricing
D. geographical pricing

A. product development
B. growth
C. maturity and decline
D. all of above

A. high
B. low
C. average
D. moderate

A. crowdsourcing
B. internal sourcing
C. off sourcing
D. off shoring

A. price fixing
B. predatory pricing
C. price maintenance
D. discriminatory pricing

A. set price based on cost
B. convince buyer about products value
C. design a product
D. determine cost of product

A. design a product
B. determine cost of product
C. set price based on cost
D. convince buyer about products value

A. assess needs of customer
B. set target price
C. determine incurred costs
D. design product

A. would get free products
B. would get discount
C. would buy product
D. would not buy product